FTX EU

Highlights: Backpack has launched a platform to help users sell claims directly. China and Russia users can now access a new option to sell FTX claims despite regional restrictions. Legal questions continue around Backpack’s FTX EU purchase, but users have […]

Highlights: The FTX bankruptcy estate disputes the FTX EU acquisition of Backpack, calling it unauthorized. Backpack claims CySec approved the sale, but the U.S. court has not authorized the transfer. FTX emphasizes creditor claims must follow court-supervised processes, disputing Backpack’s […]

Highlights: Backpack Exchange acquires FTX EU with approval from the bankruptcy court and CySEC. Crypto derivatives and SEPA integration plans aim to reshape European market offerings. FTX’s license suspension delays Backpack EU launch, but fund distribution continues. Global crypto exchange […]